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Newswire
> February, 2024
February, 2024
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February, 2024
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Spotify’s bundle battle with songwriters dampens Reservoir’s earnings forecast for FY 2024
Three things we learned from Reservoir’s latest earnings call Source...
PRS for Music announces additional $7.7m in annual payouts to songwriters, reveals four newly-elected Council Members at AGM
The UK-based CMO is reducing its administration rate on multi-territory online collections Source...
Bill Ackman, a major Universal Music shareholder, just got richer – and much more ambitious. What might this mean for UMG?
How Pershing Square's new money-game connects to Universal Music Group – and the music business at large Source...
Spotify officially launches a music-only subscription tier… in the UK
The new tier appears to be available in the UK only at present and costs £10.99 per month Source...
Sacem’s revenues rose 5% to $1.61bn in 2023; Board renews term of CEO Cécile Rap-Veber
Thanks to cost efficiencies, royalty collections rose 5%, while payouts to artists rose 17% Source...
Rimas Publishing and Made in Memphis Entertainment team up to promote ‘cross-cultural’ music creation
The first joint project between the two was a five-day songwriting camp in May at MIME's 4U Recording studio Source...
MENA-focused XP Music Futures conference to return for 2024
XP Music Futures returns to Riyadh for another year on December 5-7. Source...
Music streaming services come out swinging against Canada’s new ‘discriminatory tax’ that requires them to hand over 5% of their Canadian revenues
Canada’s Online Streaming Act requires streamers to contribute 5% of their annual revenue to a number of programs designed to aid Canadian content creators Source...
Merlin launches ‘Merlin Connect’ to provide tech platforms with licensed indie music
Merlin developed the new tool in response to growing concerns about artificial intelligence and its impact on artistic creation Source...
Austin Jenkins named Vice President, A&R at Island Records
Jenkins was part of the team that discovered Leon Bridges, and played with Bridges on tour Source...
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Newswire
> February, 2024
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